LPL Financial Portfolio holdings
LPL Financial, founded in 1989 through the merger of Linsco and Private Ledger and headquartered in San Diego, California, is the largest independent broker-dealer in the U.S., supporting over 22,000 financial advisors who manage more than $1.4 trillion in advisory and brokerage assets as of late 2024. Serving independent advisors, banks, and credit unions, LPL provides a robust technology platform, research, and back-office support, enabling advisors to offer personalized wealth management, retirement planning, and investment services to clients without proprietary products. The firm, publicly traded since 2010 under CEO Dan Arnold, has grown through acquisitions like Waddell & Reed’s wealth management business in 2021, emphasizing flexibility and advisor autonomy. With additional offices in Fort Mill, South Carolina, and Boston, LPL Financial remains a leader in empowering advisors amid a shifting financial landscape.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
|
+$239M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$94.9M |
| 3 |
Goldman Sachs Access US Aggregate Bond ETF
GCOR
|
+$87.2M |
| 4 |
Goldman Sachs ActiveBeta International Equity ETF
GSIE
|
+$85.4M |
| 5 |
Apple
AAPL
|
+$81.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares S&P 500 Growth ETF
IVW
|
+$135M |
| 2 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$117M |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$108M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$81.2M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$57.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.1% |
| 2 | Consumer Discretionary | 3.02% |
| 3 | Healthcare | 2.68% |
| 4 | Financials | 2.54% |
| 5 | Communication Services | 2.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
MKS Inc
MKSI
$21.7B
| $455K | ﹤0.01% |
4,167
+985
| +31% | +$115K |
|
2552
ProShares Decline of the Retail Store ETF
EMTY
$2.86M
| $454K | ﹤0.01% |
8,057
-758
| -9% | -$44.7K |
|
2553
Voya Financial
VOYA
$9.13B
| $453K | ﹤0.01% |
9,449
-191
| -2% | -$9.4K |
|
2554
Kimco Realty
KIM
$16.9B
| $452K | ﹤0.01% |
40,167
-5,798
| -13% | -$68.4K |
|
2555
TAL Education Group
TAL
$6.65B
| $452K | ﹤0.01% |
5,946
-1,029
| -15% | -$77.6K |
|
|
UTRN
2556
DELISTED
Vesper US Large Cap Short-Term Reversal Strategy ETF
UTRN
| $452K | ﹤0.01% |
15,496
-1,093
| -7% | -$31.7K |
|
|
DHF
2557
BNY Mellon High Yield Strategies Fund
DHF
$174M
| $451K | ﹤0.01% |
166,570
+39,144
| +31% | +$106K |
|
2558
M/I Homes
MHO
$3.8B
| $451K | ﹤0.01% |
9,784
+3,679
| +60% | +$153K |
|
2559
MidCap Financial Investment
MFIC
$799M
| $449K | ﹤0.01% |
54,328
-851
| -2% | -$7.87K |
|
2560
Box
BOX
$4.4B
| $448K | ﹤0.01% |
25,780
-1,633
| -6% | -$30.1K |
|
2561
Dine Brands
DIN
$442M
| $448K | ﹤0.01% |
8,209
-2,901
| -26% | -$147K |
|
2562
Fidelity MSCI Materials Index ETF
FMAT
$597M
| $448K | ﹤0.01% |
13,055
-1,483
| -10% | -$50.1K |
|
|
GOOS
2563
Canada Goose Holdings
GOOS
$860M
| $447K | ﹤0.01% |
13,897
-1,067
| -7% | -$26.3K |
|
2564
Macerich
MAC
$7.26B
| $447K | ﹤0.01% |
65,820
+4,578
| +7% | +$36K |
|
2565
NRG Energy
NRG
$24.7B
| $447K | ﹤0.01% |
14,533
-5,206
| -26% | -$172K |
|
|
BLDP
2566
Ballard Power Systems
BLDP
$826M
| $446K | ﹤0.01% |
29,552
+7,512
| +34% | +$121K |
|
2567
iShares US Insurance ETF
IAK
$538M
| $446K | ﹤0.01% |
8,002
+128
| +2% | +$7.32K |
|
2568
iShares Investment Grade Systematic Bond ETF
IGEB
$1.46B
| $446K | ﹤0.01% |
8,196
+3,648
| +80% | +$201K |
|
2569
Loews
L
$23.7B
| $446K | ﹤0.01% |
12,836
-5,113
| -28% | -$183K |
|
2570
U-Haul Holding Co
UHAL
$14.4B
| $445K | ﹤0.01% |
12,510
+5,050
| +68% | +$172K |
|
|
BEAT
2571
DELISTED
BioTelemetry, Inc.
BEAT
| $445K | ﹤0.01% |
9,772
+1
| +0% | +$42 |
|
2572
Inspire Medical Systems
INSP
$1.85B
| $444K | ﹤0.01% |
3,444
+120
| +4% | +$13.2K |
|
2573
AXIS Capital
AXS
$7.57B
| $442K | ﹤0.01% |
10,037
+871
| +10% | +$38K |
|
2574
EPR Properties
EPR
$4.69B
| $442K | ﹤0.01% |
16,059
-2,777
| -15% | -$86.8K |
|
|
NUO
2575
DELISTED
Nuveen Ohio Quality Municipal Income Fund
NUO
| $442K | ﹤0.01% |
29,434
-2,472
| -8% | -$37.7K |
|
Similar funds
LPL Financial's Q3 2020 Portfolio in Review
As of Q3 2020, LPL Financial held 3,702 positions worth $64B, up 12% from $57.4B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
LPL Financial deployed $2.84B of net new capital in Q3 2020, opening 233 new positions and adding to 1,921 existing holdings. Its largest new stake was Goldman Sachs Access US Aggregate Bond ETF: 1,744,998 shares worth $87M.
By sector, the portfolio is most concentrated in Technology at 6.1% of assets, up from 5.5% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was iShares S&P 500 Growth ETF, an estimated $135M trimmed.
- LPL Financial's largest Q3 2020 buy was Goldman Sachs Access US Aggregate Bond ETF: 1,744,998 shares worth $87M.
- LPL Financial added most to Goldman Sachs ActiveBeta US Large Cap Equity ETF in Q3 2020, an estimated $239M increase.
- LPL Financial's biggest Q3 2020 reduction was iShares S&P 500 Growth ETF, cutting an estimated $135M.
- LPL Financial fully exited iShares iBonds Sep 2020 Term Muni Bond ETF in Q3 2020, selling an estimated $6.02M.
- LPL Financial's ten largest holdings make up 21% of its $64B portfolio in Q3 2020.
- LPL Financial opened 233 new positions and closed 157 in Q3 2020.
- LPL Financial's portfolio value rose 12% quarter-over-quarter to $64B.
Based on LPL Financial's 13F filing for Q3 2020, filed 9 Nov 2020.